Innoviti unveils a new name to rebrand itself from being an enabler of commerce to an accelerator of commerce

BENGALURU, India, Oct. 27, 2022 /PRNewswire/ — Innoviti Payment Solutions, India’s main collaborative commerce platform, has initiated a rebranding effort, and efficient, October 14th, 2022, Innoviti Payment Solutions has change into Innoviti Technologies Pvt. Ltd. 

At the core of this rebranding is the imaginative and prescient to use expertise to unleash the facility of funds as not simply an enabler of commerce, however an accelerator of commerce. Traditionally cost expertise has been enabling newer and higher methods of accepting funds. Innoviti’s rebranding initiative expands these prospects to resolve issues of monetary management, reconciliation, buyer acquisition and buyer retention. 

Innoviti shall be doing this by a) offering a suite of APIs and expertise instruments which can be related and easy to use, b) empowering companies to use these to create their very own distinctive options and c) enabling them to measure the effectiveness of their concepts by correlating with their impression on cost flows.

Innoviti’s Founder and CEO Rajeev Agrawal mentioned, “We believe technology is no longer a department but a skill that every department in a business needs to have to be relevant and successful in today’s world. Innoviti’s vision with its rebranding exercise is to unlock the creative potential of every individual in every department of a business by making it easy for them to create and implement solutions to their unique business problems using Innoviti’s APIs and tools. To help them improve their design, Innoviti will also provide APIs that will enable them to measure the impact of their design on the eventual source of truth for a business – its impact on payment inflows or outflows. We believe this will help non-tech individuals develop technology to convert their ideas to reality and bring in a new wave of unparalleled efficiency in businesses.” 

About Innoviti Technologies Pvt. Ltd., Bangalore, India.

Innoviti Technologies Pvt. Ltd. is India’s largest supplier of Collaborative Commerce Platforms, serving to numerous companies akin to banks, product manufacturers, and retailers, companion to purchase shoppers collectively. The platform helps these companies flip cost transactions into enticing buy instruments delivered proper on the retail level of sale, urging shoppers to purchase higher merchandise and extra merchandise. The firm has a dominant share of >70% in offering such buy options to the main enterprises of India, managing over Rs. 75,000 Cr. of annual purchases from over 2000+ cities in India. Bessemer Venture Partners, USA, FMO, Netherlands, Catamaran Ventures, Panthera Growth Partners, Singapore and Alumni Ventures are buyers within the firm. The firm has 4 patents, together with one US patent and is the winner of Mastercard’s Innovation Wizards Award, Reliance’s Most Promising Growth Consumer Finance Award and Deloitte Fastest Growing Companies in Asia award in 2020. Innoviti is the one Indian funds SaaS firm to be awarded the coveted SOC3 seal of excellence for adherence to ideas of belief in privateness, safety, confidentiality, availability, and processing of transactions. The firm is Great Place to Work licensed and strives to create a office the place individuals can study extra to earn extra. Innoviti has an in-principle license to function as a cost aggregator from RBI.

https://innoviti.com/

Media Contact:

Sumanth C A 

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